Economic Indicators

2011-12
Total unemployment rate has increased from 5.6 percent in 2009-10 to 6.0 percent in 2010The inflation rate as measured by the changes in Consumer Price Index (CPI) stood at 10.8 percent during (July-April) during fiscal year 2011-12, against 13.8 percent in the comparable period of last year. Real GDP growth for 2011-12 has been estimated at 3.7 percent as compared to 3.0 percent in the previous fiscal year 2011. Fiscal deficit is recorded at 5.0 percent during July-March 2011-12 as compared to 5.5 percent last year.

2010-11
About 3.05 million labour force is estimated as unemployed in 2009-10, with an unemployment rate of 5.6%. The inflation rate as measured by the changes in Consumer Price Index (CPI) stood at 14.1 percent during (July-April) of the current fiscal year 2010-11, as against 11.5 percent in the comparable period of last year. The Real GDP is estimated to grow at 2.4 percent on the back of strong performance of services sector as against actual growth of 3.8 percent last year and target of 4.5 percent. The catastrophic floods reduced growth and posed a further challenge to public finances by depressing budget revenues and additional spending to meet the humanitarian and reconstruction needs, thereby upward adjustment in the fiscal deficit target from 4 percent of GDP at the time of budget announcement to 5.3 percent of GDP have made. The merchandise trade deficit improved by $240 million and declined from $12.3 billion in July-April 2009-10 to $ 12.1 billion in July-April 2010-11. During the first nine months of the current fiscal year 2010-11, Pakistans total external debt increased from $55.9 billion at endJune 2010 to $ 59.5 billion by end-March 2011 an increase of US $ 3.6 billion or 6.4 percent which is lowest growth in EDL in the last five years. Domestic Debt stood at Rs 5462.2 billion at end-March 2011 which implies net addition of Rs.803.9 billion in the nine months of the current fiscal year.

Current Account Deficit stood to $ 3394 million in July-April 2011-12. Pakistan External Debt and Liabilities (EDL) stock was recorded at $60.3 billion as of March 2012. During July-March 2012, $179 million was added to the EDL stock.

The total domestic debt is posted at Rs 7,206.9 billion at the end-March 2012; representing an increase of Rs.1,190.5 billion in the first nine months of the current fiscal year.

The domestic debt grew by 19.8 percent in first nine months of current fiscal year. The focus on deficit financing through internal sources owing to lower external receipts has been the major cause. Agriculture The agriculture growth this year stood at 3.1 percent as compared to 2.4 percent during 2010-11. Cotton production has increased to 13,595 thousand bales in 2011-12 from 11,460 thousand bales in 2010-11 showing an increase of 18.6 percent. Wheat production has decreased to 23,517 thousand tons in 2011-12 from 25,214 thousand tons in 2010-11 showing a decrease of 6.7 percent. Rice production has increased to 6,160 thousand tons in 2011-12 from 4,823 thousand tons in 2010-11 showing an increase of 27.7 percent. Sugarcane production has increased by 4.9 percent to 58.0 million tons in 201112 from 55.3 million tons last year. In absolute terms, exports have increased from $20460 million in July-April 2010-11 to $20474 million in the period thereby witnessing a growth of 0.1 percent during the first ten months (July-April) of the fiscal year 2011-12. Imports during the first ten months (JulyApril) of the fiscal year 2011-12 increased by 14.5 percent compared with the same period of last year, reaching to $33.15 billion.

Foreign Exchange Reserves stood at $ 16.5 billion at the end of April, 2012. Of which, reserves held with the State Bank of Pakistan stood at $ 12.04 billion and by

The domestic debt grew by 17.3 percent which is lower than last years growth of 20.7 percent. The focus on deficit financing through internal sources owing to nonavailability of external receipts has been the major cause. Agriculture The agriculture growth this year is estimated at 1.2 percent as compared with 0.6 percent during 2009-10. Cotton production has decreased from 12,913 thousand bales in 2009-10 to 11,460 thousand bales in 2010-11, showing a decrease of 11.3 percent. Wheat production has increased from 23,311 thousand tons in 2009-10 to 24,214 thousand tons in 2010-11, showing an increase of 3.9 percent. Rice production has decreased from 6,883 thousand tons in 2009-10 to 4,823 thousand tons in 2010-11, showing a decrease of 29.9 percent. Sugarcane production has increased by 12 percent to 55.3 million tons in 201011 from 49.4 million tons last year. Overall exports recorded a positive growth of 27.8 percent during the first ten months (July-April) of the current fiscal year against an increase of 8.0 percent in the same period of last year. In absolute terms, exports have increased from $15,773.2 million to $20,154.2 million in the period. Imports during the first ten months (JulyApril) of the current fiscal year (2010-11) increased by 14.7 percent compared with the same period of last year, reaching to $32.3 billion. The overall import bill is higher by $4.1 billion, reflecting the impact of higher global crude oil & Commodity Prices. Foreign Exchange Reserves amounted to $ 17.1 billion by the end of April, 2011. Of which, reserves held by State Bank of Pakistan stood at $ 13.7 billion and by banks

banks $ 4.45 billion. .. Industrial sector contains 25.4 percent of GDP having sub sectors: manufacturing, construction, mining & quarrying and electricity and gas distribution. .. Manufacturing Sector registered growth at 3.56 percent compared to the growth of 3.06 percent last year. .. Small scale manufacturing maintained its growth of last year at 7.51 percent and slaughtering growth is estimated at 4.46 percent against 4.38 percent last year. .. Large Scale Manufacturing has also witnessed a slight improvement. It has shown a growth 1.05 percent in July-March 2011-12 as against 0.98 percent last year. .. Construction Sector has shown 6.46 percent growth as compared to negative growth of 7.09 percent in last year. .. Mining and Quarrying sector recorded positive growth of 4.38 percent during the year 2011-12 against the negative growth of 1.28 percent last year. .. Electricity and gas distribution witnessed a growth of -1.62 percent against the growth of -7.25 percent last year. .. The Services sector has registered a growth rate of 4.02 percent in 201112 against the growth of 4.45 percent in the last year. This performance is dominated by Finance and Insurance at 6.53 percent, Social and Community Services 6.77 percent and Wholesale and Retail Trade 3.58 percent. The contribution of transport, storage and communication is estimated at 1.25 percent.

stood at $ 3.4 billion. Output in the manufacturing sector has witnessed expansion of 3 percent in 2010-11 as compared to expansion of 5.5 percent last year on the back of strong performance from small and medium manufacturing sector .. Large-scale manufacturing grew by 0.98 percent (July-February 2010-11 incorporated in the national accounts but the growth is now 1.7 percent in July-March 2010-11) as against 4.9 percent of last year. .. The services sector grew by 4.1 percent against the target of 4.7 percent and actual outcome of 2.9 percent. Within services sector Wholesale and retail trade sector grew at 3.9 percent as compared to 4.6 percent last year and the target for the year of 5.1 percent. Finance and insurance sector recorded negative growth of 6.3 percent in 2010-11 as against contraction of 11.3 percent last year. Public administration and defense posted a stellar growth of 13.2 percent as compared to 2.5 percent in last year. Social Services Sector grew by 7.1 percent which is slightly higher than the target of 5.0 percent but lower than last years actual growth of 7.8 percent.

Asian Development Bank

The headquarters of the bank is at 6 ADB Avenue, Mandaluyong City, Metro Manila, Philippines. Traditionally, and because Japan is one of the largest shareholders of the bank, the President has always been Japanese. The current President is Haruhiko Kuroda, who succeeded Tadao Chino in 2005.

World Bank
The World Bank headquarters are in Washington, DC The President of the Bank currently is Jim Yong Kim.

International Monetary Fund

On June 28, 2011 Christine Lagarde was confirmed as Managing Director of the IMF for a five-year term starting on July 5, 2011. Its headquarters are in Washington, D.C.

Currency
U.S. Dollar Euro British Pound UAE Dirham Saudi Riyal Kuwaiti Dinar Canadian Dollar Australian Dollar Omani Riyal Japanese Yen Malaysian Ringgit Qatari Riyal Bahrain Dinar Chinese Yuan Hong Kong Dollar Danish Krone New Zealand Dollar Singapore Dollar Norwegians Krone Swedish Krona Swiss Franc Indian Rupee

Symbol USD EUR GBP AED SAR KWD CAD AUD OMR JPY MYR QAR BHD CNY HKD DKK NZD SGD NOK SEK CHF INR

Buying 97.10 124.60 154.70 26.30 25.50 339.10 96.60 100.10 249.00 1.17 28.10 25.50 253.00 13.00 11.10 16.50 74.60 77.60 16.60 13.00 99.10 1.70

Selling 97.45 126.10 156.00 26.60 25.70 340.60 97.60 102.10 250.80 1.25 28.60 25.60 255.00 13.50 11.60 16.80 75.60 78.60 17.10 13.50 100.10 1.80